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Persistent link: https://www.econbiz.de/10011459241
The German model of co-determination (Mitbestimmung) with works councils, in which workers are involved in the management of a company, was a role model for other countries for many years. However, since the 1990s the appeal of works councils has been declining, to the extent that now even...
Persistent link: https://www.econbiz.de/10011430237
Median voter theorem has been used in many economic environments including law enforcement. Assumptions of the median voter theorem, however, are generally violated in lawenforcement models. Moreover, it is impossible to have agents with "opposite equilibrium preferences" over enforcement levels...
Persistent link: https://www.econbiz.de/10011417873
Behavioral economics aspires to replace the agents of neoclassical economics with living, breathing human beings. Here, the author argues that behavioral economics, like its neoclassical counterpart, often neglects the role of active sense-making that motivates and guides much human behavior....
Persistent link: https://www.econbiz.de/10012130847
What factors determine federal spending on environmental goods? Is severity of the hazard the only metric of consideration, or do other factors play a vital role in explaining spending? This paper seeks to answer this question and to identify disbursement patterns within the context of the...
Persistent link: https://www.econbiz.de/10012021523
Most studies on corporate governance recognize endogeneity in the nexus between corporate governance and financial … corporate governance significantly affects financial performance. Board skills, board composition and management skills enhanced …, financial performance did not significantly affect corporate governance. On the basis of the lag structure of the VEC model …
Persistent link: https://www.econbiz.de/10012026154
The ability to punish free-riders can increase the provision of public goods. However, sometimes, the benefit of increased public good provision is outweighed by the costs of punishments. One reason a group may punish to the point that net welfare is reduced is that punishment can express anger...
Persistent link: https://www.econbiz.de/10011621328
In recent years, we have witnessed the effects of the Fourth Industrial Revolution on the labour market. Technological changes, internet use, and robotics are changing the practices, services, and needs of organizations and employees in the labour market. These changes represent both a threat...
Persistent link: https://www.econbiz.de/10012214101
The present study aimed to explore whether personality traits influence buying behaviour and if this influence differs depending on a different culture. The author focused on a cross-cultural investigation of Poland and the UK. Data were collected via an online questionnaire which measured...
Persistent link: https://www.econbiz.de/10012116937
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